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<p>[QUOTE=&quot;brg5658, post: 2461913, member: 29751&quot;]Your math is a bit shaky Dave.&nbsp; The primary users of CAC are dealers, and dealers pay by coins submitted, not by coins stickered. </p><p><br /></p><p>Regardless, as I already stated, the stickering is a loss-leader, not a profit maker.&nbsp; CAC makes money on many fronts.&nbsp; CAC makes a ton of money on offering low dollar generic bids on coins with exceptional eye appeal, and then selling preferentially to certain dealers who mark them up 2 fold.&nbsp; That&#039;s just the tip of the iceberg of shady money making opportunities for a company who is by their own definition buying coins with good upgrade potential.&nbsp; In my opinion there are all kinds of conflict of interest issues with a company offering an opinion on a coin that they are then directly in the market to buy. In the antiques world that kind of business is frowned upon but it is also (strictly speaking) unregulated like the coin market.&nbsp; Elsewhere these kinds of insider deals are regulated.</p><p><br /></p><p>Trust me.&nbsp; John Albanese may be a super coin genius, but he is no saint or hobby martyr to be.&nbsp; He&#039;s making money hand over fist and laughing the whole way to the bank that he could get collectors to believe first that they need slabs and guarantees, but then again by starting a company to then tell collectors they need yet another opinion of their coin -- oh and if you really want to sell, then CAC will offer you generic money for an exceptional coin.&nbsp; Fooled you once...fooled you twice...</p><p><br /></p><p>The USA truly rare (conditionally or otherwise) coin market is shady beyond belief.&nbsp; Constant churn, regrades, and a lot of other unmentionable activity.&nbsp; CAC has done little if anything to protect collectors, but has given dealers more ammunition to tell us all how special a coin supposedly is even when our own two eyes don&#039;t agree.[/QUOTE]</p><p><br /></p>

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